1. A wristwatch is sold at a loss of 18%. Had it been sold for 69 more, the gain would have been 5%. Find the CP of the wristwatch. If the retailer sells 150 watches, find his loss.
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Answers
Answer:
answer of this question is 8100 is loss
Cost price is ₹ 300 and Loss per day would be ₹ 8,100 .
Step-by-step explanation:
Let the cost price of a wristwatch = x
Loss on each watch = 18%
Selling price of the wristwatch =
= ---------(1)
Gain would have been = 5%
When selling price would have been =
= ---------(2)
Now subtract equation (1) from equation (2)
x =
x = 300 Rs.
Loss = 18% × 300
= 0.18 × 300
= 54 Rs.
Selling price = 300 - 54 = 246
Since loss on one wrist watch = 54 Rs.
Loss on 150 watch = 54 × 150 = 8,100 Rs.
Cost price is ₹ 300 and Loss per day would be ₹ 8,100 .
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